7 On Your Side

Drug companies raising their prices

Monday, November 16, 2009

A new study finds drug companies have raised their prices by 9 percent in the past year -- the biggest increase since 1992.

Critics say the drug companies are raising prices before Congress passes health care reform, which could force the industry to cut its prices, but drug makers say there are valid business reasons for raising prices.

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health care, prescription drug, 7 on your side
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